Director Finance PSJH
Company: Providence Health & Services
Posted on: May 3, 2021
Providence St. Joseph Health is calling a Director Finance PSJH
to our location in Lubbock, TX. Relocation is available for highly
We are seeking a Director Finance to be responsible for the
financial oversight of assigned ministries, including monitoring
financial performance, variance reporting, supporting the
achievement of productivity of ministry, physicians, and midlevels,
and participating in ministry level management meetings. The
Director Finance will be a key liaison to accounts payable and
payroll process, in support of the managers and senior leaders
throughout the ministries. Furthermore, the director of finance
will assist in facilitation of capital projects as prioritized and
approved through regional and system processes. As a part of the
regional finance team, the Director Finance will assist with
development of ministry budgets, and provide assistance as needed
to the ministry senior management team and departmental leaders as
they work to achieve annual and long term strategies. Primary areas
of responsibility will also include development and management of
dashboards, achievement of internal audit recommendations, and
leading special projects as assigned for both the ministry and the
region. Key areas of responsibility include the review of monthly
financial statements, management of physician compensation,
partnering for physician employment contracts, integrating best
practices incorporating benchmarks (AMGA, MGMA, etc), creating and
evaluating compensation plans, management of dashboards, evaluating
service line performance, serving as primary contact for
physicians, and the partnership with the PSJH accounting team to
accurately reflect economics representative of operational and
clinical services. The Director of Finance will also be a key
partner with management of the medical group requiring knowledge of
physician compensation practices, benchmarks, and the regulatory
In this position you will have the following
Assist the Service Area Chief Financial Officer and Senior
Operational Leaders in financial oversight of assigned
Perform all duties in a manner that promotes the mission, values
and vision of Providence St. Joseph Health.
Monitor financial performance of the ministry/ministries to
ensure achievement of financial targets.
Assist in the production of accurate financial statements,
reflective of operational and clinical services provided at
assigned ministries, inclusive of contractual analysis, recording
of other net income, and accurate accrual of all expenses.
Assist in the review and monitoring of statistical information
in order to accurately reflect operational and clinical
Collaborate with regional finance team in the budget and
strategic financial planning process for assigned ministries.
Work with other regional finance team members, ministry
departmental managers and ministry senior leaders to perform budget
variance analysis and to develop and implement improvement
Coordinate with ministry administrator on a monthly financial
Physician compensation modeling, analysis and management.
Develop pro forma analysis of prospective practice acquisitions,
new hires, and service line development.
Partner for effective and efficient management of physician and
Support productivity management through measurement processes
including target setting, and in consideration of benchmarking
data. Assist leaders throughout accountable ministries with
implementation of staffing matrices.
Participate in ministry management meetings.
Assist with review of Institute (a/k/a service line) financial
information in order to inform and improve operational plans for
assigned campuses. Support management in understanding the
economics related to service lines.
Lead special projects as assigned by Service Area Chief
Financial Officer and perform other duties as assigned.
Collaborate and engage with other finance team members across
the system to share best practices and accomplish system-wide
Collaborate with regional leadership team to ensure consistent
standards of care, employee performance and financial management
processes are applied to ensure accreditation and regulatory
guidelines are met.
Provide leadership to ensure the overall finance role is
understood in the organization and broader community.
- Communicate clearly, regularly and effectively with all levels
and functions of the organization to create an atmosphere of mutual
respect, openness and encouragement.
Required qualifications for this position include:
Bachelor's Degree in Accounting, Finance or related field.
8 years of experience in a leadership role or capacity.
- 10 years of closely related experience.
Preferred qualifications for this position include:
Certified Public Accountant
Other certifications such as HFMA or FACHE
Expertise of wRVUs, CPTs, modifiers, and similar productivity
- Previous experience managing physician / medical group practice
About the department you will serve.
Providence Shared Services provides a variety of functional and
system support services for our Providence family of organizations
across Alaska, California, Montana, New Mexico, Oregon, Texas and
Washington. We are focused on supporting our Mission by delivering
a robust foundation of services and sharing of specialized
Keywords: Providence Health & Services, Lubbock , Director Finance PSJH, Other , Lubbock, Texas
Didn't find what you're looking for? Search again!